As the McBroon government faces a new Culloden-style battlefield of mangled egos and inept tactics and leadership among its chieftains and white flags among its troops, the over-50 residents of these islands turned their attention to far weightier matters…
No matter what the McBroons do before their final defeat and what the Cameron clan manages when they eventually march into Whitehall, the baby boomer over-50s remain buggered so far as their pensions are concerned.
In a decade McBroon has totally bankrupted what was the best pension industry in the world. In annual raids he has nicked five billion quid a time - current total 100 billion - and with the increasing deficits even the best pensions in the world will become even more decimated.
Another 10,000 workers have just learned their employers, supermarket group Morrisons, has became the latest company to close its final-salary scheme to existing members. It follows similar recent decisions by Barclays and BP. Despite Morrisons reporting a rise in sales, the 10,000 employees in its pension schemes will now have pensions based on their 'career average' earnings, rather than their final pay when they retire
Some baby boomers will retain their better pensions, but some over-50s and the following generations will be working extra hard – and years longer - to make sure they are paid while their own pensions will be diminished.
McBroon stealth taxed the pensions of the private sector but levied no tax on the public sector pensions, so the private sector is also subsidising the pensions of dodgy MPs and quitting ministers and the pension of McBroon himself, whenever he is forced back over the border.
His stealth taxes and fiscal policy caused the recession, which is now the main reason for the end of proper private sector final salary pensions, and he ruined the pensions of millions more with his £5 billion a year pension raids.
So much for McBroon’s “Fairer, more just society”.
Some over-50s say the McBroons have ruined Britain and it is not longer a place they recognise. They are looking for a haven in sunny Spain, where their pensions and their lifespans can go further because of the lower cost of living and stress-free lifestyle.
With property prices down by up to 40% many over-50s and pensioners are opting for Spain as a more secure future. Downsize into a 2-bed place near the beach and amenities, slow down to manana pace, eat healthily and have the family down on a regular basis to share the wonderful lifestyle.
That’s the new dream and more are making the move, according to http://www.propertyinspain.net/ where over-50s are becoming the majority of buying clients.
05 June 2009
01 June 2009
Why Brits are still quitting Britain
While Brits living in France and Spain are feeling the pinch because of the decline in the Pound, many others are still planning to move away from the declining state of once Great Britian.
An American correspondent in yesterday’s New York Times, commenting on Brit emigration, spoke for many over-50s when he wrote: “I can well understand why folks want to abandon Britain, where a person can’t smoke or own a gun or derogate a religion (even in private conversation), or spank one's child, or avert one's face from any of that country's 10 million CCTV cameras.
“I always thought Orwell's book (1984) represented a dystopia, but now the Brits have accepted it as their constitution.”
He didn’t mention the poor healthcare, inadequate education, ruined pension industry, unwanted currency, gun-toting teens, criminal under-class, corrupt politicians, open borders, nor an unelected leader deciding what the now angry populous wants.
But just as stoic, ex-pat Brits will sit out the currency and financial crisis affecting their lifestyles in continental Europe, those still to leave will go-ahead with their plans and take advantage of the downturn in house prices, that more than compensates for the currency losses.
In Spain they will find excellent value villas and apartments in established residential areas at prices 25% to 50% below valuation, buying direct from banks who have not had Government bail-outs because of mismanaged growth efforts.
Over-50s will notice that three ailing British banking institutions are going to carry the Santander name and be integrated in a 14,000 branch network across 40 countries. The boss of Santander was the only top banker not required to offer an apology to the Parliamentary committee investigating the banking collapse as no client money went into dodgy banking scams.
By contrast, Brit rivals have been bailed-out by the UK Government who failed to supervise their more dubious actives as they strove for world domination...
Along with sunshine, siestas and relaxed lifestyle, Spain offers stability, sound banking and good healthcare. What more could the over-50s or pensioners want for?
Their property search starts here, with specialist over-50s active life resorts, developments with guaranteed rentals, or heavily discounted repossession bargains from Spanish banks and and hard-pressed developers.
An American correspondent in yesterday’s New York Times, commenting on Brit emigration, spoke for many over-50s when he wrote: “I can well understand why folks want to abandon Britain, where a person can’t smoke or own a gun or derogate a religion (even in private conversation), or spank one's child, or avert one's face from any of that country's 10 million CCTV cameras.
“I always thought Orwell's book (1984) represented a dystopia, but now the Brits have accepted it as their constitution.”
He didn’t mention the poor healthcare, inadequate education, ruined pension industry, unwanted currency, gun-toting teens, criminal under-class, corrupt politicians, open borders, nor an unelected leader deciding what the now angry populous wants.
But just as stoic, ex-pat Brits will sit out the currency and financial crisis affecting their lifestyles in continental Europe, those still to leave will go-ahead with their plans and take advantage of the downturn in house prices, that more than compensates for the currency losses.
In Spain they will find excellent value villas and apartments in established residential areas at prices 25% to 50% below valuation, buying direct from banks who have not had Government bail-outs because of mismanaged growth efforts.
Over-50s will notice that three ailing British banking institutions are going to carry the Santander name and be integrated in a 14,000 branch network across 40 countries. The boss of Santander was the only top banker not required to offer an apology to the Parliamentary committee investigating the banking collapse as no client money went into dodgy banking scams.
By contrast, Brit rivals have been bailed-out by the UK Government who failed to supervise their more dubious actives as they strove for world domination...
Along with sunshine, siestas and relaxed lifestyle, Spain offers stability, sound banking and good healthcare. What more could the over-50s or pensioners want for?
Their property search starts here, with specialist over-50s active life resorts, developments with guaranteed rentals, or heavily discounted repossession bargains from Spanish banks and and hard-pressed developers.
28 May 2009
Tax breaks for all in Spain
The McBroon Clan of Scottish ministers and sporran-hanging MPs, having ruined the British economy, have now been exposed as tax dodgers with many of them getting taxpayers to pick up the bills from the accountants they hired “to make sure we were paying the correct of amount of tax”.
For “correct” read “minimum”. And the worst offender appears to be Alistair Darling, the man in charge of tax matters and who recently declared war on tax havens and all those business people using them.
Since he and his predecessor as chancellor, the head of the McBroons himself, came to power they have increased the tax burden on the British citizenry to the highest levels for decades. So why should the rest of us part with a penny of the ever-increasing taxation being demanded by a man who doesn't pay his own fair share?
McDarling's tax avoidance was revealed by the Daily Telegraph because his expenses claims showed that he'd 'flipped' his designated second home - the one on which he could claim running costs from the taxpayer - four times in four years.
In 2004, when he was Secretary of State for Transport, Mr Darling claimed that his main residence was a small flat in Lambeth, owned by Lewis Moonie, a fellow Labour MP. Mr Moonie - another part of the spider’s web of Scottish McBroon MPs - had bought the flat from Gordon Brown.
But for McDarling, designating this flat as his main residence - despite the fact that his wife and children lived in Scotland - allowed him to bill taxpayers for the upkeep of his much larger Edinburgh house, bought for £570,000 in 1998…
It would take an accountant to unravel such a web of deceit and maximise the tax avoidance, so it’s no surprise he hired one and put his fees on the taxpayer’s tab. The saga is detailed in the Daily Mail and is worth reading.
Also worth reading for taxpayers planning to invest some of their cash the McBroons have not yet grabbed, is an article on how to buy a bargain property in Spain – including Spanish bank repossessions – and avoid all the McBroon property taxes. No capital gains tax – benefit enjoyed by McBroon and other MPs – and no inheritance tax, no currency exchange problems etc.
The scheme is called Libertad – Spanish for Freedom – and more Brits are planning to follow the example of the McBroons and minimise the amount of tax they hand over.
For “correct” read “minimum”. And the worst offender appears to be Alistair Darling, the man in charge of tax matters and who recently declared war on tax havens and all those business people using them.
Since he and his predecessor as chancellor, the head of the McBroons himself, came to power they have increased the tax burden on the British citizenry to the highest levels for decades. So why should the rest of us part with a penny of the ever-increasing taxation being demanded by a man who doesn't pay his own fair share?
McDarling's tax avoidance was revealed by the Daily Telegraph because his expenses claims showed that he'd 'flipped' his designated second home - the one on which he could claim running costs from the taxpayer - four times in four years.
In 2004, when he was Secretary of State for Transport, Mr Darling claimed that his main residence was a small flat in Lambeth, owned by Lewis Moonie, a fellow Labour MP. Mr Moonie - another part of the spider’s web of Scottish McBroon MPs - had bought the flat from Gordon Brown.
But for McDarling, designating this flat as his main residence - despite the fact that his wife and children lived in Scotland - allowed him to bill taxpayers for the upkeep of his much larger Edinburgh house, bought for £570,000 in 1998…
It would take an accountant to unravel such a web of deceit and maximise the tax avoidance, so it’s no surprise he hired one and put his fees on the taxpayer’s tab. The saga is detailed in the Daily Mail and is worth reading.
Also worth reading for taxpayers planning to invest some of their cash the McBroons have not yet grabbed, is an article on how to buy a bargain property in Spain – including Spanish bank repossessions – and avoid all the McBroon property taxes. No capital gains tax – benefit enjoyed by McBroon and other MPs – and no inheritance tax, no currency exchange problems etc.
The scheme is called Libertad – Spanish for Freedom – and more Brits are planning to follow the example of the McBroons and minimise the amount of tax they hand over.
27 May 2009
Spanish practices in perks and property...
There was a bit of an image problem for Spain when trade unions called the shots in Seventies Britain by demanding more money for less work, layered with a load of bosses' perks.
It was likened to traditional similar practices in Spain and the insult stuck, despite that country subsequently becoming a dynamic Med powerhouse with a strong economy, 21st century communications, and the leading tourist destination and international property market.
Margaret Thatcher kicked the trade unions and their “Spanish practices” into touch, resulting in the strongest-ever Britsh economy as inherited by the incoming McBroon government.
Now the country is looking busted with £750 billion of debt and wracked by the parliamentary expenses scandal, the media has harked back to the Seventies for the ultimate sobriequet "Spanish practices" to describe the fiddles and scams of McBroon ministers and MPs from all parties.
The unspeakable Mick Martin was cast in the role of the old trade union boss, living it up with the free big house and chauffer cars and encouraging the Honourable Members to claim for the maximum on the taxpayers’ tab...
When the House of Commons members were exposed as “indulging in old-style Spanish practices”, the shop steward simply had to go. Commentators, such as the BBC’s Nick Robinson - their one terrier in a team of political poodles - have used the “Spanish practices” phrase and it has been revived in the minds of the general public.
But it should now carry the different usage and meaning. The last time a Spanish Government lied to its citizenry – “ETA blew up commuter trains in Madrid” - it was swept from office within weeks.
That’s one “Spanish practice” that could be useful in ridding Britain of the failed McBroons and their poor governance, ongoing spin, failed fiscal policy and downright dishonesty. Over-50s in Britain remember clearly the benefits of renewal process started by the incoming Thatcher government... they’d like to see similar sooner rather than later.
Meantime, they are becoming more aquainted with the practice of buying property in Spain, cashing in on that country’s recessional woes, such as Spanish bank repossessions and other distressed sales. Over-50s reckon spending more time out of Britain might be better for their health, welfare and wallet.
It was likened to traditional similar practices in Spain and the insult stuck, despite that country subsequently becoming a dynamic Med powerhouse with a strong economy, 21st century communications, and the leading tourist destination and international property market.
Margaret Thatcher kicked the trade unions and their “Spanish practices” into touch, resulting in the strongest-ever Britsh economy as inherited by the incoming McBroon government.
Now the country is looking busted with £750 billion of debt and wracked by the parliamentary expenses scandal, the media has harked back to the Seventies for the ultimate sobriequet "Spanish practices" to describe the fiddles and scams of McBroon ministers and MPs from all parties.
The unspeakable Mick Martin was cast in the role of the old trade union boss, living it up with the free big house and chauffer cars and encouraging the Honourable Members to claim for the maximum on the taxpayers’ tab...
When the House of Commons members were exposed as “indulging in old-style Spanish practices”, the shop steward simply had to go. Commentators, such as the BBC’s Nick Robinson - their one terrier in a team of political poodles - have used the “Spanish practices” phrase and it has been revived in the minds of the general public.
But it should now carry the different usage and meaning. The last time a Spanish Government lied to its citizenry – “ETA blew up commuter trains in Madrid” - it was swept from office within weeks.
That’s one “Spanish practice” that could be useful in ridding Britain of the failed McBroons and their poor governance, ongoing spin, failed fiscal policy and downright dishonesty. Over-50s in Britain remember clearly the benefits of renewal process started by the incoming Thatcher government... they’d like to see similar sooner rather than later.
Meantime, they are becoming more aquainted with the practice of buying property in Spain, cashing in on that country’s recessional woes, such as Spanish bank repossessions and other distressed sales. Over-50s reckon spending more time out of Britain might be better for their health, welfare and wallet.
26 May 2009
Brit over-50s bag Spanish bargains
The Spanish bit of the world recession may be easing – in contrast with the UK where the McBroon Government, slowly imploding amid expenses and other scandals, has failed to get a grip on economic matters.
The McBroons have been feathering their own nests and lining up nifty pensions for ministers and MPs while British families, the over-50s and pensioners feel the economic pinch and face the prospect of being highly taxed forever to repay the £750 billion debt mountain built up.
Those who are still able to do so are planning their futures on the basis that the McBroons have wrecked the British economy, will lose power and the Cameron Clan will still need a decade to clear-up the mess. The taxpayer, you might imagine, will be the biggest contributor…
Meanwhile in Spain, government action seems to be having a greater effect as the economic power driver, the property market, is becoming brisker. Buyers from Spain and northern Europe are taking advantage of the massive price falls and the many bargain Spanish bank repossessions.
1,000 sales a week is a lot better than the levels in the UK market and an increasing number of the buyers are Brit over-50s planning for their retirement and using savings to invest in a place in the sun sooner rather than later. Their families can enjoy holidays in a villa or apartment bought for a bargain price and then it can be used for part-time or fulltime living nearer or after retirement.
Leading Spanish property website, Kyero summed up the three latest reports on the local economy as follows:
The McBroons have been feathering their own nests and lining up nifty pensions for ministers and MPs while British families, the over-50s and pensioners feel the economic pinch and face the prospect of being highly taxed forever to repay the £750 billion debt mountain built up.
Those who are still able to do so are planning their futures on the basis that the McBroons have wrecked the British economy, will lose power and the Cameron Clan will still need a decade to clear-up the mess. The taxpayer, you might imagine, will be the biggest contributor…
Meanwhile in Spain, government action seems to be having a greater effect as the economic power driver, the property market, is becoming brisker. Buyers from Spain and northern Europe are taking advantage of the massive price falls and the many bargain Spanish bank repossessions.
1,000 sales a week is a lot better than the levels in the UK market and an increasing number of the buyers are Brit over-50s planning for their retirement and using savings to invest in a place in the sun sooner rather than later. Their families can enjoy holidays in a villa or apartment bought for a bargain price and then it can be used for part-time or fulltime living nearer or after retirement.
Leading Spanish property website, Kyero summed up the three latest reports on the local economy as follows:
- Things are still getting worse
- But they're getting worse more slowly than before
- This means we're nearing the bottom of the curve
- After reaching the bottom, the only way is up
Whether you prefer short term pessimism, long term optimism, says Kyero, the time is right for the EU to force Spain to repeal it’s “shoddy property laws” as this will help get the market back to normal much quicker.
Buying now would seem to be a good option and newly completed developments like Mojón Hills Resort in unspoilt Murcia offer unbeatable packages that include big discounts off current valuations, 90% mortgages and guaranteed rental deals for three years.
15 May 2009
Take a tax break in Spain...
The anger of the British public bubbled over when Housing Minister, Margaret Becket tried to defend herself, fellow ministers and MPs on television over the expenses scandal and again hours later when new figures showed housing repossessions were up 50% and mortgage arrears up 62% - despite the “help” provided the McBroon Government.
Yet another McBroon failed initiative as 1,000 families a week are turfed out of their homes as a result of banker greed and sheer incompetence of the McBroon Government. MPs handed millions for kitting out their second homes, while British families struggle to pay the mortgage in a recession caused by the McBroons.
British over-50s are thinking it’s time to get out as they realise they will be paying in increased taxes until Retirement Day. Also thinking of quitting are many of the wealth generators after the punishment handed out to them in the latest McBroon Budget:
The international lawyer, Mark Wilkins has suggested Brit high earners might consider an even better lifestyle in Spain –“A country where the tax regime does not seem to be fuelled by the politics of envy. A country that is some three hours from office desk to home office, has exceptional road, transport and health infrastructure, some of the best golf courses on the planet, as much beach as you and your kids can dream of, schooling that sits head and shoulders above many of its UK Ofsted counterparts…”
He also points to an average of 325 days of sun a year and an average summer coastal temperature of 36 degrees, a current property market offering real value for money and an EU recognised initiative to ensure that previous planning uncertainties are a thing of the past.
Mark Wilkins outlines the tax position. “Spain has as its highest income tax rate – a 43% ceiling, applicable to earnings in excess of €53,407.
“Wealth tax has been effectively abolished in Spain and the personal allowances for all resident earners – regardless of earnings - vary from €8,551 for a joint declaration to a cumulative child allowance that rises with the 4th child to €4,182. Consequently, in addition to a saving on income tax of 7%, it seems in cash terms earning £150,000 and electing Spain as your tax residency may well leave you, under the current Spanish regime, materially better off."
If that is a lifestyle decision you want to investigate, start with Libertad, a tax break purchase method that helps keep family money in the family. The Sun newspaper reviewed Libertad in detail and the latest Spanish property bargains can be found online.
Yet another McBroon failed initiative as 1,000 families a week are turfed out of their homes as a result of banker greed and sheer incompetence of the McBroon Government. MPs handed millions for kitting out their second homes, while British families struggle to pay the mortgage in a recession caused by the McBroons.
British over-50s are thinking it’s time to get out as they realise they will be paying in increased taxes until Retirement Day. Also thinking of quitting are many of the wealth generators after the punishment handed out to them in the latest McBroon Budget:
- New top rate of income tax at 50% for those earning over £150,000;
- Loss of personal allowances for those earning over £100,000;
- Levying a basic rate only relief on pension contributions over £150,000.
The international lawyer, Mark Wilkins has suggested Brit high earners might consider an even better lifestyle in Spain –“A country where the tax regime does not seem to be fuelled by the politics of envy. A country that is some three hours from office desk to home office, has exceptional road, transport and health infrastructure, some of the best golf courses on the planet, as much beach as you and your kids can dream of, schooling that sits head and shoulders above many of its UK Ofsted counterparts…”
He also points to an average of 325 days of sun a year and an average summer coastal temperature of 36 degrees, a current property market offering real value for money and an EU recognised initiative to ensure that previous planning uncertainties are a thing of the past.
Mark Wilkins outlines the tax position. “Spain has as its highest income tax rate – a 43% ceiling, applicable to earnings in excess of €53,407.
“Wealth tax has been effectively abolished in Spain and the personal allowances for all resident earners – regardless of earnings - vary from €8,551 for a joint declaration to a cumulative child allowance that rises with the 4th child to €4,182. Consequently, in addition to a saving on income tax of 7%, it seems in cash terms earning £150,000 and electing Spain as your tax residency may well leave you, under the current Spanish regime, materially better off."
If that is a lifestyle decision you want to investigate, start with Libertad, a tax break purchase method that helps keep family money in the family. The Sun newspaper reviewed Libertad in detail and the latest Spanish property bargains can be found online.
13 May 2009
Gov. boost for property in Spain
As the McBroons shed their crocodile tears over being found out on dodgy expenses and go on the telly waving repayment cheques to reconnect with the voters - so they are not X-outed at the next election - it’s clear that the head of the bandit clan himself is to blame for the fiasco.
McBroon was in charge of the economy for ten years and so-called in charge of the country for two years and the unspeakable Mick Martin was in charge of the House of Commons for this current Parliament allowing the buying spree of MPs. Brit taxpayers are suffering from the antics of this useless pair.
Another catalogue of fiscal failures to heap upon the many that have blighted Britain and surely to be followed by McBroon failure at future elections, starting with the European and local elections next month.
Unlike McBroon, who has failed to say “Sorry” for his ministerial failures, his equivalent, Spanish Prime Minister Jose Luis Rodriguez Zapatero admitted that his government had erred in managing the country’s deepening recession. “It is obvious that the government made mistakes in its forecasts,” the socialist premier said during the annual parliamentary debate on the state of the nation.
Wow, words we have yet to hear on these shores?
But then Snr Zapatero, revealed, among a list of new economic stimuli, the removal of tax breaks on mortgages as a way of future control of the housing market, but effectively a great incentive for folks to rush out and buy now - before the threat becomes real in 2011.
Like McBroon, the Spaniard faces the electorate on 07 June with the EU elections and, as in the UK, serious consequences are likely. His other incentives included tax cuts to small and medium-size companies which maintained or increased employment, incentives to car purchases, measures to stimulate the property market, and cutting government spending by a billion euros.
Those measures can be helpful to over-50s British buyers of property in Spain, using the Libertad tax break and co-ownership deals on offer from leading specialists in the market and Spanish banks.
McBroon was in charge of the economy for ten years and so-called in charge of the country for two years and the unspeakable Mick Martin was in charge of the House of Commons for this current Parliament allowing the buying spree of MPs. Brit taxpayers are suffering from the antics of this useless pair.
Another catalogue of fiscal failures to heap upon the many that have blighted Britain and surely to be followed by McBroon failure at future elections, starting with the European and local elections next month.
Unlike McBroon, who has failed to say “Sorry” for his ministerial failures, his equivalent, Spanish Prime Minister Jose Luis Rodriguez Zapatero admitted that his government had erred in managing the country’s deepening recession. “It is obvious that the government made mistakes in its forecasts,” the socialist premier said during the annual parliamentary debate on the state of the nation.
Wow, words we have yet to hear on these shores?
But then Snr Zapatero, revealed, among a list of new economic stimuli, the removal of tax breaks on mortgages as a way of future control of the housing market, but effectively a great incentive for folks to rush out and buy now - before the threat becomes real in 2011.
Like McBroon, the Spaniard faces the electorate on 07 June with the EU elections and, as in the UK, serious consequences are likely. His other incentives included tax cuts to small and medium-size companies which maintained or increased employment, incentives to car purchases, measures to stimulate the property market, and cutting government spending by a billion euros.
Those measures can be helpful to over-50s British buyers of property in Spain, using the Libertad tax break and co-ownership deals on offer from leading specialists in the market and Spanish banks.
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